what could go wrong
EU shoots for €10B ‘industrial cloud’ to rival US
11–20 of 352 posts
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#12„€10B over 7 years [...] to rival foreign corporations such as Amazon, Google and Alibaba“ Does not sound like lot when compared to the annual invest of even just one of the IaaS giants.
You have to start somewhere. Total annual EU budget is 150 billion EUR.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#13As a european, i still think those kind of measures are trying to cure the symptoms by throwing huge pile of cash, rather that fix the core issue : that the private sector in europe is currently unable to produce GAFA-sized companies in the IT sector. My intuition is that once again the money will be grabbed by existing big companies that proved unable to innovate, but are the best at capturing public fundings. EDIT…
The recent COVID-App is a prime example of that. SAP plus German Telekom, neither of which is known for innovation, grab a 60M plus deal to develop a single app.
In Italy a startup took over the job for 1/50 of the price and with at least as good or better job.
Is the above play a problem for Germany? No. Do you they even understand an problem? I don't think so.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#14A great opportunity for Siemens to collect money for their abysmal Mindsphere IIoT platform...
I get a feeling the EU is on a very bad trajectory into a more and more planned, copycat economy.
Someone develops some product / service (e.g. flexible infrastructure as a service aka "cloud") market decides if it is good. EU falls behind in that category. EU commission throws money at pet projects that in best case will come close to the original offering but will just burn money (/ flood money in certain pockets) in most cases. Farewell market economy (or what is left of it)
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#15As an EU citizen, I don't believe for a second that this will result in anything useful, ever. There's too much vested interest that's quietly making the politicians do what the big business wants. Has been the case for a long time now.
The only thing that's going to happen is that those big and old companies will get their hands on that funding while fulfilling exactly zero of their promises.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#16„€10B over 7 years [...] to rival foreign corporations such as Amazon, Google and Alibaba“ Does not sound like lot when compared to the annual invest of even just one of the IaaS giants.
Not even that, those companies have already been investing in their services for years if not decades. And have decades of institutional knowledge build up to scale their compute resources. Seeing those low key IT effort and the failing of corona containment im really thinking of emigrating to either Asia or north america once corona stuff has been settled.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#17Ridiculous. You just can't buy innovation. You have to set up the right environment for it
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#18BTW Hetzner is a top notch EU cloud with an excellent proposal to finally learn Linux and deploy whatever you want on their industrial grade networking and storage. Instead of feeding an exploding complexities and costs of AWS, Google and Alibaba.
I hope they will come to other continents soon.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#19As a european, i still think those kind of measures are trying to cure the symptoms by throwing huge pile of cash, rather that fix the core issue : that the private sector in europe is currently unable to produce GAFA-sized companies in the IT sector. My intuition is that once again the money will be grabbed by existing big companies that proved unable to innovate, but are the best at capturing public fundings. EDIT…
The recent COVID-App is a prime example of that. SAP plus German Telekom, neither of which is known for innovation, grab a 60M plus deal to develop a single app. In Italy a startup took over the job for 1/50 of the price and with at least as good or better job. Is the above play a problem for Germany? No. Do you they even understand an problem? I don't think so.
Excellent example with the app. It's an app that could have been designed and made with 100k, less people and better quality. And quicker.
The current app is a nightmare. It shows that i had already 2 low risk encounters - but it doesn't show me when and where! I NEED this info to adapt my behavior! very bad app.
Re: EU shoots for €10B ‘industrial cloud’ to rival US
#20As a european, i still think those kind of measures are trying to cure the symptoms by throwing huge pile of cash, rather that fix the core issue : that the private sector in europe is currently unable to produce GAFA-sized companies in the IT sector. My intuition is that once again the money will be grabbed by existing big companies that proved unable to innovate, but are the best at capturing public fundings. EDIT…
The recent COVID-App is a prime example of that. SAP plus German Telekom, neither of which is known for innovation, grab a 60M plus deal to develop a single app. In Italy a startup took over the job for 1/50 of the price and with at least as good or better job. Is the above play a problem for Germany? No. Do you they even understand an problem? I don't think so.
With just the difference that in Germany that app works, in Italy the correct infrastructure/process was not built, sick data information was never uploaded so the app is useless